China Manufacturing Sector Records Slower Growth In November

The Caixin/Markit PMI revealed a slight drop on China's manufacturing sector for November, with a 50.9 index compared to October's 51.2.

Read Full Article

Manufacturing Stands Out As US Number 1 Industry

Manufactor still remains as one of the strongest sector remained.

Read Full Article

Realty growth propels China economic upswing in March

The world's second largest economy showed positive signs as resurgent sales in the real estate sector boosted growth during March. However, China recorded drop in exports and freight segments.

Read Full Article

U.S. Service Sectors Expanded More Slowly in February

The Institute for Supply Management (ISM) announced on Thursday that service sectors in U.S. is expanding modestly. However, the sectors fared better than manufacturing in February 2016.

Read Full Article

German Industrial Production down 1.1%

German industrial production went down 1.1 percent month-on-month for the third quarter. According to Bloomberg Business, Berlin Economy Ministry reported the decline Friday, while economists expected a 0.5 percent increase. Germany has been struggling with the Chinese economic slowdown. The country is also grappling with the economic slowdown in other emerging countries where it exports most of its products.

Read Full Article

Japan final PMI for October is nation's strongest in a year

Japan's Purchasing Managers Index (PMI) has reached it's strongest in a year, with a seasonally adjusted reading of 52.4 for the month of October, as conducted by a business survey from Nikkei last Monday.

Read Full Article

China factory output again slips, but fall slows down in October

Indicating the prolonged sluggishness in the economy, China's factory activity dropped further again in October. However, the marginal recovery in export orders has slowed down the drop in the manufacturing production. The PMI edged up in the previous month.

Read Full Article

UK factory output shrinks in Q3; exports drop

UK's performance in the third quarter further slowed down. The gross domestic product (GDP) growth rate in July-September quarter was at 0.6 percent lower than 0.7 percent in the previous quarter.

Read Full Article

China's manufacturing PMI at 78-month low

The Chinese manufacturing sector registered its worst performance in the past 78 months. The measure of sentiment among purchasing managers, Preliminary Caixin China manufacturing index (PMI) dropped to 47 in September from 47.3 in August.

Read Full Article

Crisis-hit Puerto Rico takes up VAT route to shore up revenues

The debt-ridden Island Puerto Rico has opted for value-added tax (VAT) as a measure to enhance revenues for the government. The new VAT structure will come into force starting1 April 2016.

Read Full Article

Mitsubishi Motors in US calls it a day

Japanese automobile major Mitsubishi Motors Corp has begun the process of closing down operations in the US. Mitsubishi had put on its sole US manufacturing unit on the block, but couldn't find a suitable buyer and decided to close the shop.

Read Full Article

After 25 years, China revises down GDP growth to 7.3%

The growth rate of China's economy for 2014 has revised marginally lower to 7.3 percent from previous forecast of 7.4 percent. The drop in services sector weighed more on gross domestic product (GDP). According to the latest data from National Bureau of Statistics (NBS), the GDP stood at 63.6 trillion Yuan ($10 trillion) in 2013 and this was 32.4 percent lower than earlier projection. The latest data casts shadow over the Chinese government's target of seven percent for 2015.

Read Full Article

China manufacturing woes continue: PMI index slips below 50 pts

Several measures gauging the manufacturing industry activity are showing discouraging results. The latest manufacturing gauging index slipped below 50, which indicates the deceleration in the manufacturing industry, falling to 49.7 in August.

Read Full Article

New York Manufacturing Index shrinks to -14.92 level; its lowest since 2009

A steep plunge in both new orders and shipments sent manufacturing activity in New York state tumbling down to its lowest level since 2009. This was the revelation showed by a survey conducted by the New York Federal Reserve.

Read Full Article

Greek stock market plunges sharply after re-opening

A black Monday for Greece's stock market. Its benchmark Athens Stock Exchange Index ended the day 16% lower after it re-opened for the first time in five weeks.

Read Full Article
1 2 3

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics